AdvantageData's (ADI) proprietary data shows low yield-to-worst statistics throughout the finance industry. With current yields being lower than yesterday’s and the previous week’s yields, investors are showing some signs of confidence for the financial sector. A better-than-expected earnings report by J.P. Morgan helped boost banking shares internationally, as discussed in Friday’s AdvantageData North American High Grade (HG) & High Yield (HY) summaries.
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